Re:Ask HN: Experiences with PayPal? Would you recommend or k...
by heimidal on Sunday September 05, 2010 @11:16AM
(#1664628)
PayPal is absolutely horrible. Here's why:
Two years ago, a friend owed me about $200. To pay me back, he sold a camera he owned on eBay and then promptly sent me the $200.
Another friend was in some trouble trying to pay for textbooks, so I offered to loan him the money. I sent him that $200 via PayPal and he went to the school bookstore to purchase books.
A week later, the buyer of the camera made a claim against my friend stating that he misrepresented the camera. Despite the fact that I had nothing to do with the transaction, they un-moved the money my friend had sent me, sending my account negative $200. I've sworn ever since that I will never do business with PayPal again.
Two years ago, a friend owed me about $200. To pay me back, he sold a camera he owned on eBay and then promptly sent me the $200.
Another friend was in some trouble trying to pay for textbooks, so I offered to loan him the money. I sent him that $200 via PayPal and he went to the school bookstore to purchase books.
A week later, the buyer of the camera made a claim against my friend stating that he misrepresented the camera. Despite the fact that I had nothing to do with the transaction, they un-moved the money my friend had sent me, sending my account negative $200. I've sworn ever since that I will never do business with PayPal again.